First fully regulated Crypto Exchange Launches

Blocktrade, the first fully regulated Crypto exchange, launched today. It has approval of the financial markets authority and may be a huge step to finally bringing big institutional money into cryptocurrency.
Whether you like regulation or not, if you are invested in crypto, you should be happy because if institutional money comes in, the price of Bitcoin will probably go through the roof and it would be the recovery all of us have been waiting for since the market started crashing early this year. Hopefully, this is just the first of many regulated exchange because the more avenues for institutional money there is, the more the market will continue to grow.